Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct -- Ignore unavailable to you. Want to Upgrade?

To: Matthew J. Landi who wrote (1982)	9/2/1998 9:06:00 AM
From: JOE TURMAINE	Respond to of 2595

Matt, thanks, we needed that! Let's hope that this will help straighten out all those who attempt to profit by conspiring to profit at our expense. JOE

To: Matthew J. Landi who wrote (1982)	9/2/1998 9:24:00 AM
From: Chuck Delo	Read Replies (1) \| Respond to of 2595

Thanks Mathew, I wish you and the company luck in the lawsuit. This is a first step on the road back. Now let's get that Danielle problem solved. Hope all is well. Chuck

To: Matthew J. Landi who wrote (1982)	9/2/1998 11:07:00 AM
From: William Lewis Perdue III	Respond to of 2595

I simply cannot wait for the discovery process to begin. The Araldica press release is as I predicted on this BBS last week. As for the allegations, I refer you to my previous posts, among them: 1902, 1930, 1932, 1936 and 1937.

To: Matthew J. Landi who wrote (1982)	9/2/1998 11:30:00 AM
From: Ferick	Read Replies (1) \| Respond to of 2595

Matthew: Thank you for the new website thread pr17. May I call your attention to the last paragraph: Araldica Announces Pending Lawsuit September 2, 1998...ARALDICA WINERIES, LTD. (OTC:BB - AWLT) announced today that it and New York investor C. Elvin Feltner Jr. had jointly engaged the New York City law firm of Robson and Miller to file a lawsuit against the "Wine Investment News" newsletter, of Sonoma, California, for libel, defamation and slander. The lawsuit is the result of a recent series of articles in Wine Investment News that have been characterized by Araldica as being knowingly and intentionally untruthful, and that have, in Araldica's words, made sensationalized, false, misleading and reckless public statements in print, repeatedly, about Mr. Feltner, Araldica and Araldica's executives. Those remarks have caused substantial damage to the company and have been the sole, direct cause of Araldica's publicly traded shares having dropped in value by seventy-five percent, causing recent losses to all of Araldica's 500 shareholders in the millions of dollars. Araldica and Feltner have indicated that after the lawsuit is filed, they will amend it to include new actual and punitive damages for each new defamatory article published by Wine Investment News, which the company has accused of being in league with certain short-sellers of the company's shares, in a conspiracy to artificially depress the price of the company's publicly traded stock. Araldica Wineries, Ltd. is a five year old public company engaged in the sale of imported Italian wines, olive oils and specialty foods. >>>>Although Araldica may certainly be a five year old company and certainly is a public company, the above statement is deceptive in that it can easily be interpreted to mean that Araldica has been a public company for five years when, in actuality, it has been public only since December, 1996. In all fairness this should be pointed out in your press release. Also, I searched the WIN articles and could find no mention of C. Edwin Feltner. Will you please bring me up to speed on this relationship? Is the pr17 article referring to Charlie Feltner of Destin? Ned